Madrona @ Dockside Green

370 & 384 Harbour Road, Victoria, BC

Image: Martin Knowles Photography

Catalyst purchased land parcels in the Dockside Green community to build this rental housing development. The project offers 49 new affordable homes, ranging in size from studios to four-bedroom townhouses, in this popular Victoria neighbourhood. Madrona at Dockside Green has received both the 2018 Victoria Real Estate Board Commercial Building Excellence Award Multi-Family Rental and the 2018 Urban Development Institute Excellence in Urban Development Award for Non-Market Housing.

Status:

In Occupancy

Catalyst Role:

Developer, Owner, and Operator

Affordability:

100% units at a maximum (30%) of Housing Income Limits (total family household income)

Catalyst’s innovative non-profit developer model has made it possible to add 49 brand new affordable rental homes in Victoria. I want to say how proud I am, as Mayor of Victoria, of this project. This is perfection.

Lisa Helps

Mayor

City of Victoria

We believe that by participating in projects like Dockside we can help to retain and grow community-owned real estate assets, secure long-term affordability, increase accessibility to much-needed affordable housing for our members.

Catalyst is aptly named. Their work with our organization has been instrumental in helping us to unlock latent potential, address chronic gaps in service and look toward a future with greater opportunity for the people we serve.

Catalyst not only brings their values to life in all of their interactions with others, but they also add tremendous value to organizations like us who want to respond to community needs and are newer to the provision of affordable housing.

Catalyst have been great partners in delivering a project that exemplifies integrated mixed housing types. They offer a broad skillset for the development of affordable housing and have been a pleasure to work with at RPPII/III and Rivermark in Richmond.